Biomaterials Market to Showcase Healthy Expansion at 14.7% CAGR from 2018 to 2025

The Report Biomaterials Market Size, Share & Trends Analysis Report By Product (Natural, Metallic, Ceramics, Polymers), By Application (Cardiovascular, Orthopedics, Plastic Surgery), And Segment Forecasts, 2018 - 2025

The global biomaterial market size is expected to reach USD 250.4 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 14.7% during the forecast period. Technological innovations in the field of biomaterials are leading to development of advanced products, which in turn is working in favor of the market. Widening base of geriatric population worldwide and subsequent rise in prevalence of cardiovascular and orthopedic disorders are providing a fillip to the market.

Biomaterials are now widely used in healthcare fields such as cardiovascular, orthopedic, dental, plastic medical procedure, wound repair, ophthalmology and neurological conditions. Furthermore, they are utilized in different advanced healthcare technologies such as cosmetic surgeries, tissue engineering, medical implants, and advanced drug delivery.

Geographically, North America held the largest share in the biomaterials market in 2017. The growth of the regional market can be attributed to various technological and mechanical progressions, high utility of medical services, growing geriatric population, and higher medical insurance coverage.

Some of the prominent companies operating in the market are DSM; BASF SE; Evonik Industries AG.; Berkeley Advanced Biomaterials, Inc.; CAM Bioceramics BV; Carpenter Technology Corporation; Invibio Ltd.; Zimmer Biomet Holdings, Inc.; Covalon Technologies Ltd.; Collagen Matrix, Inc.; Medtronic, Inc.; Purac Biomaterials; Ticona GmbH; Osteotech, Inc.; and Bayer AG.

Access Research Report of Biomaterials Market@ www.grandviewresearch.com/industry-analysis/biomaterials-industry

Further key findings from the report suggest:

·       Rapid advancements in the field of genetics and increasing usage of biomaterials in oncology, personal genomics, and agrigenomics are expected to drive the market

·       Factors such as high cost of instruments and platforms, ethical concerns, and ambiguous reimbursement policies in some countries are estimated to negatively impact the growth of the market

·       Based on products, the natural segment is anticipated to register the highest CAGR of close to 16.7% during the forecast period

·       On the basis of application, orthopedics was the most prominent segment in 2017, accounting for more than 20.0% of the market revenue

·       There are many industrial scale healthcare projects and genome research projects launched in North American & European countries for improving the adoption of advanced healthcare technologies

·       Strong presence of a raft of biomaterial technology providers, better infrastructure, patient awareness, and good healthcare facilities in these regions are aiding market growth.

Grand View Research has segmented the global biomaterials market based on products, application, technique, end use, and region:

Biomaterials Products Outlook (Revenue, USD Million, 2014 - 2025)

·         Metallic

·         Natural

·         Ceramics

·         Polymers

Biomaterials Application Outlook (Revenue, USD Million, 2014 - 2025)

·         Cardiovascular

·         Ophthalmology

·         Dental

·         Orthopedic

·         Wound Healing

·         Tissue Engineering

·         Plastic Surgery

·         Neurology

·         Others

Biomaterials Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         Middle East Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Freeze Drying Equipment Market Plying for Significant Growth During the Forecast Period

The global freeze drying equipment market size is anticipated to reach USD 2.77 billion by 2025, according to a study conducted by Grand View Research, Inc., progressing at a CAGR of 8.7% during the forecast period. Introduction of new injectable formulations and biologic drugs along with upswing in the demand for custom-built food industry have bolstered market growth. Furthermore, the market is also driven by expansion of the biotechnology industry and growing focus of pharmaceutical manufacturers on emerging markets.

Growing interest of biotechnology industry participants in freeze drying equipment in regions such as Asia Pacific and Latin America is projected to drive the market. Additionally, development of biosimilar and vaccines in developing regions and shift of various biopharmaceuticals manufacturing industries from developed to developing regions is poised to drive the market in these regions. Additionally, various key players are aiming towards marking their market presence by acquiring small scale equipment manufacturers present in developing countries to gain a competitive edge. This is also stoking the growth of the market.

Furthermore, mobile freeze dryers are poised to witness significant growth over the forecast period owing to their portability & ease of use. Additionally, these products maintain original structure & quality of products for prolonged duration. Thus, the market is likely to witness lucrative growth in the biotechnology sector due to increasing demand for storage of umbilical cords which are further used in surgeries. Moreover, food processing is expected to be one of the major application areas since freeze drying equipment preserve & extend shelf life and makes food products convenient to transfer.

However, higher set up & maintenance cost is estimated to hinder market growth. Increasing demand from various biotechnology and pharmaceutical companies for refurbished systems is anticipated to restraint market growth. Additionally, key players are engaged in introducing innovative products in the market to maintain their market presence and shares. Thus, introduction of new technologies and innovations is projected to boost the growth of the market.

Access Research Report of Freeze Drying Equipment Market @ www.grandviewresearch.com/industry-analysis/freeze-drying-equipment-market

Further key findings from the study suggest:

·       Mobile freeze dryers are likely to emerge as the fastest-growing segment over the forecast period owing to their efficiency of reducing moisture

·       The biotechnology industry is expected to be the most promising application segment during the forecast period. The growth of the segment can be attributed to benefits offered by the product such as reduced water fraction, high temperature tolerant, and product stabilization

·       Asia Pacific is estimated to register the highest CAGR of 11.5% over the forecast period owing to presence of various biotechnological & pharmaceutical industries in countries including India and China

·       The market is highly consolidated with presence of several well-established players. Key companies include Tofflon Science and Technology Co., Ltd, GEA Group, Labconco Corporation, and Azbil Corporation. Collaborations and mergers are key growth strategies undertaken by market players to sustain competition.

Grand View Research has segmented the global freeze drying equipment market based on product, application, and region:

Freeze Drying Equipment Product Outlook (Revenue, USD Million, 2014 - 2025)

·         Bench Top Freeze Dryers

·         Laboratory Freeze Dryers

·         Mobile Freeze Dryers

·         General Purpose Freeze Dryers

·         Industrial Freeze Dryers

·         Others

Freeze Drying Equipment Application Outlook (Revenue, USD Million, 2014 - 2025)

·         Biotechnology

·         Pharmaceuticals

·         Food Processing

·         Surgical Procedures

·         Others

Freeze Drying Equipment Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

o    U.S.

o    Canada

·         Europe

o    U.K.

o    Germany

o    France

·         Asia Pacific

o    China

o    India

o    Japan

·         Latin America

o    Brazil

o    Mexico

·         Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Chip on Board Light Emitting Diode Market is Estimated to Target Emerging Industries by 2020

The global chip-on-board LED market size is expected to reach USD 9,179.7 million by 2020, according to a new study by Grand View Research, Inc. Increasing urbanization and infrastructure spending are expected to be the key drivers for market growth over the forecast period. Chip on Board (CoB) LEDs are energy efficient, have greater reliability and require less space. Furthermore, they offer high intensity and homogenous luminosity, which makes them suitable for high power applications. In recent times, the use of solid lighting technology as against traditional lighting has significantly led to increased adoption of COB light emitting diode (LED).

High demand for CoB LED owing to increased adoption by several lighting application segments to gain benefit over technologies such as CFL and incandescent lighting is also expected to positively impact the global CoB light emitting diode market over the next six years. Furthermore, advancements in design and cost saving through economies of scale are expected to provide significant growth opportunity for the market over the forecast period. However, the complex manufacturing process and high price coupled with fluctuating global economic conditions may be a challenge for industry participants.

Access Research Report of Chip on Board Light Emitting Diode Market@ http://www.grandviewresearch.com/industry-analysis/chip-on-board-light

Further key findings from the study suggest:

·       The illumination segment dominated the chip-on-board LED market and is expected to be the largest and fastest growing application over the next six years. This segment accounted for over 45% of the market in 2013, mainly because of COB LEDs’ wide area light emitting property. Backlighting application segment is expected to grow substantially due to the rise in the number of applications in handheld devices, monitors and LED televisions.

·       Asia Pacific accounted for over 50% of the global CoB LED market revenue in 2013, and is expected to dominate demand over the forecast period. Further, it is expected to exhibit the fastest growth from 2014 to 2020, owing to government initiatives favoring COB LED adoption and large number of market participants.

·       Companies operating in the chip on board light emitting diode market include Philips LumiLEDs Lighting Company, Cree Inc., Samsung Electronics Co. Ltd., Citizen Electronics Co. Ltd., Osram Opto Semiconductors GmbH, Everlight Electronics Co. Ltd., Seoul Semiconductor Co. Ltd., Nichia Corporation, Lumens Co. Ltd, LG Innotek Co. Ltd, etc. The market is consolidated in nature, and development of efficient and cost effective products is expected to serve as a key growth strategy over the forecast period.

Grand View Research has segmented the global chip-on-board LED market on the basis of application and region:

Chip-on-Board LED Application Outlook (Revenue, USD Million, 2012 - 2020)

·         Automotive

·         Backlighting

·         Illumination

Chip-on-Board LED Regional Outlook (Revenue, USD Million, 2012 - 2020)

·         North America

·         Europe

·         Asia Pacific

·         RoW

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Intravascular Ultrasound Market Major Advancements, Industry Analysis And Future Growth Till 2025

The Report Intravascular Ultrasound (IVUS) Market Size, Share & Trends Analysis Report By Modality, By Product (Consoles, Accessories), By End Use (Hospitals, Diagnostic Centers), And Segment Forecasts, 2018 – 2025

The global Intravascular Ultrasound (IVUS) Market size is expected to reach USD 3.53 billion by 2025 at a 7.6% CAGR during the forecast period, according to a new report by Grand View Research, Inc. Rising investments in the medtech industry, increasing R&D activities, and surge in product launches are key factors driving the market.

Emerging economies have been offering new investment avenues to global market players. Developing healthcare infrastructure and increasing patient pool are driving demand for advanced medical devices in these countries.

Point of contact (POC) ultrasound is used for diagnostic procedures generally involving portable ultrasound devices. It is relatively cheaper and can be widely used in patient care. IVUS ultrasound is one such device, which is smaller and can be used to detect abnormalities in the vascular system.

Some of the key players in this market are Koninklijke Philips N.V.; GE Healthcare; Hitachi, Ltd., Fujifilm Medical Systems; Boston Scientific Corporation; Siemens Healthineers; and Canon Medical Systems Corporation.In June 2017, GE Healthcare and Heartflow announced a partnership for the diagnosis and treatment of coronary artery disease.

Access Research Report of Intravascular Ultrasound (IVUS) Market @ www.grandviewresearch.com/industry-analysis/intravascular-ultrasound-ivus-devices-market

Further key findings from the report suggest:

·       The intravascular ultrasound market was valued at USD 1.98 billion in 2017 and is expected to grow lucratively over the forecast period

·       By product, the accessories segment is anticipated to grow at the fastest rate over the forecast period. It is also the largest product segment

·       On the basis of end use, the diagnostic centers segment is anticipated to register the fastest growth over the forecast period, owing to increasing establishments of standalone diagnostic centers

·       Asia Pacific is expected to exhibit the highest CAGR of 9.1% over the forecast period owing to improved healthcare infrastructure, rising disposable income, and investments from global market players.

Grand View Research has segmented the global IVUS market on the basis of modality, product, end use, and region:

Intravascular Ultrasound Modality Outlook (Revenue, USD Million, 2014 - 2025)

·         Virtual Histology IVUS

·         iMap IVUS

·         Integrated Backscatter IVUS

Intravascular Ultrasound Product Outlook (Revenue, USD Million, 2014 - 2025)

·         Consoles

·         Accessories

o    Catheters

o    Guidewires

o    Others

Intravascular Ultrasound End-use Outlook (Revenue, USD Million, 2014 - 2025)

·         Hospital

·         Diagnostic Centers

·         Academic and Research Institutes

Intravascular Ultrasound Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

o    U.S.

o    Canada

·         Europe

o    Germany

o    U.K.

·         Asia Pacific

o    Japan

o    China

·         Latin America

o    Brazil

o    Mexico

·         Middle East and Africa (MEA)

o    South Africa

o    Saudi Arabia

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com